Sounds like a fusible link to me. There are some located right off of the starter solenoid if I remember correctly, I would start there, they are the easiest ones to check.
Here is a diagram of some fusible links and where they are in the system:
http://www.allfordmustangs.com/foru...need-diagram-please-fuel-alt-links-ign-ac.gif
Here is a diagram of some fusible links and where they are in the system:
http://www.allfordmustangs.com/foru...need-diagram-please-fuel-alt-links-ign-ac.gif